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ISBN: 9780230218130 - Economic Methodology
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Economic Methodology

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Understanding Economics as a Science

Marcel Boumans, John Davis

ISBN: 9780230218130
Format: Paperback
Publisher:Palgrave Macmillan


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Like other sciences, the study of economics has been shaped by rigorous arguments and debates that continue to influence economists today. In this fascinating introduction, Boumans and Davis consider the scientific nature of the methods, logic, and forms of explanation that underlie economics as a discipline.

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Economic methodology was formally recognized as a field of economic inquiry in the 1980s, asn was heavily influenced by currents in the philosophy of science, particularly by the reaction against logical positivism as exemplified in the writings of Popper, Kuhn and Lakatos. The authors, bringing to bear a wealth of research and teaching experience, situate the field within the broader philosophy of science tradition. They explore the key refinements to, and extensions and departures from, the field in order to understand issues prevalent in the economic domain.

 
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